Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 30.75.
Forward PE Ratio (30.75) = Close Price ($955.87) / Consensus Forward EPS ($31.30)
FORWARD PE RATIO
30.75
SECTOR MEDIAN · INDUSTRIALS
24.39
median of 138 covered companies
CURRENT VS SECTOR MEDIAN
+26.08%
vs the sector median at left
Parker-Hannifin Corporation
Market Cap
$120.52B
Forward PE Ratio
30.75
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Parker-Hannifin Corporation (PH) | $120.52B | 30.75 |
| Lockheed Martin Corporation (LMT)vs › | $123.74B | 17.26 |
| Vertiv Holdings Co (VRT)vs › | $111.97B | 41.72 |
| Trane Technologies plc (TT)vs › | $98.13B | 29.32 |
| General Dynamics Corporation (GD)vs › | $96.48B | 21.17 |
| Quanta Services, Inc. (PWR)vs › | $96.08B | 37.33 |
| Siemens Energy AG (SMEGF)vs › | $145.22B | 32.77 |
| Howmet Aerospace Inc. (HWM)vs › | $92.64B | 48.61 |
| CSX Corporation (CSX)vs › | $90.77B | 24.60 |
| Waste Management, Inc. (WM)vs › | $87.05B | 27.00 |
Trailing P/E
33.8
reported TTM EPS
Forward P/E
30.8
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $31.30 implies +9.9% EPS growth vs the reported trailing $28.49.
At today's $955.87 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2027-06-30 | $35.13 | $34.67 – $35.62 | 8 | 27.2x |
| 2028-06-30 | $38.67 | $36.59 – $41.18 | 7 | 24.7x |
| 2029-06-30 | $42.92 | $40.39 – $47.95 | 3 | 22.3x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute